As a follow-up to my previous post re: apology to Andrew Monaghan
I have been reading through many posts learning and taking in the information about short sales, I am absolutely amazed by some of the comments i have read, Why I'm the best, Why I am the one to use not that other guy, degenerating the other agents out there, calling them names and so on.
A short sale is a transaction just like any other transaction, it has its similarities and you need to be able to get the home sold and into contract but to also get the bank to agree to take the loss. Its a process where your agent has to be organized, compitent and have teh necessary suport staff.
It trakes training to be a agent of any type, Regular, short sale and so on, letters after your name does not make you a expert, it says you paid $x and bough a designation, be careful with who you choose, guys that have 100% success rates are questionable (they cherry pick the deals that suit them).
Many short sale agents never see the home, the seller comes into the office, fills out paperwork and goes on their merry way, the agent picks the price, chooses the offer to submit and hands the file to a admin person who puts the package together and submits it to the back, Its a admin process, Negotiation only happens later in the process.
Meet the agent, ask questions, Qualify who you are working with, get proper advice, go to an attorney and a CPA as tehre are large tax and legal implications of what you are going to do.
Andrew Monaghan, CRS, GRI, CDPE.
The Monaghan Group
Keller Williams Professional Partners.
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